v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Jul. 04, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 136,272,000 $ 135,452,000
Accounts receivable, net 685,879,000 567,065,000
Inventories, net 794,272,000 745,476,000
Assets held for sale 29,069,000 147,011,000
Other current assets 96,882,000 109,346,000
Total current assets 1,742,374,000 1,704,350,000
Property, plant and equipment, net 1,116,103,000 1,058,609,000
Lease right-of-use assets 439,793,000 458,708,000
Goodwill 731,160,000 739,408,000
Intangible assets, net 2,120,138,000 2,209,818,000
Other assets, net 31,000,000 37,843,000
Total assets 6,180,568,000 6,208,736,000
Current liabilities:    
Current portion of long-term debt 34,000,000 34,000,000
Current portion of lease liabilities 76,915,000 96,866,000
Accounts payable 431,278,000 269,393,000
Accrued income and other taxes 24,580,000 23,175,000
Employee-related liabilities 105,324,000 91,149,000
Rebates, warranties and other customer-related liabilities 147,045,000 154,917,000
Accrued interest 71,051,000 68,375,000
Liabilities held for sale 29,069,000 0
Other current liabilities 38,581,000 43,109,000
Total current liabilities 957,843,000 780,984,000
Long-term debt 5,247,561,000 4,967,387,000
Long-term lease liabilities 349,978,000 358,435,000
Deferred income tax liabilities 275,146,000 363,540,000
Other long-term liabilities 238,152,000 243,487,000
Total liabilities 7,068,680,000 6,713,833,000
Commitments and contingencies (Note 13)
Equity:    
 Common stock, $0.01 par value, 1,000 shares authorized, issued and outstanding at July 4, 2026 and December 31, 2025 0 0
Additional paid-in capital 1,540,420,000 1,544,186,000
Accumulated deficit (2,394,737,000) (2,031,389,000)
Accumulated other comprehensive loss (33,795,000) (17,894,000)
Total equity (deficit) (888,112,000) (505,097,000)
Total liabilities and equity (deficit) $ 6,180,568,000 $ 6,208,736,000